Your computer application company has won a court, Financial Management

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Your computer application company has won a court

Your computer application company has won a court settlement for a patent infringement, you have a choice of taking $50,000 now or $1,000 paid monthly over a 5-year period. The current rate of return on fixed investments is an APR of 3% per year. Which would you choose? Why? Show your analysis.

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Financial Management: Your computer application company has won a court

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Financial Management: Your computer application company has won a court

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